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To: Chip McVickar who wrote (16543)	10/15/2001 5:06:41 PM
From: Bull RidaH	Read Replies (2) \| Respond to of 209892

Hi Chip, Things are great here in M.B. (thanks for asking). Hope you're doing fine? The gold wave count has the decade+ correction off the 1980 highs ending in the fall of 1999. Using the following chart for reference... gold-eagle.com wave A of the correction off the 80 high concluded at the early '85 low, the B wave rally completed at the early '96 high, and the wave C decline ended at the '99 low. The key is to be sure wave C's decline off the early '96 high is indeed complete. Counting the 5 waves of C can be achieved 2 different ways(With an extended 1 or an extended 5), and thus I'm satisfied that C did indeed end in the fall of '99. So where do we need to be to see such a huge bull move in gold that you speak of? Pinpointing Wave 3 of 3 in the new set of waves in the 2 year old bull market in gold will provide the timing of such a move. Wave 1 completed quickly in this young bull market, rampaging from the low 250's (all prices SPOT) to the 330's in the first couple months after the Aug.'99 birth. Wave 2, as you would expect after a such a sharp wave 1, was painstakingly grueling and time-consuming to strangle the excited bull market speculators. In labeling wave 2's subdivisions, wave A of 2 was also fairly quick, completed in Jan. 00, and took the price down from Oct 99's wave 1 high of 330+ back to the low 270's. Wave B of 2 was also relatively quick, taking just 1 month to rally prices back to the 320 area into the Feb. '00 peak. Wave C of 2 has been the excruciating leg of the wave 2 correction, rolling out in a majestic Ending Diagonal which finally completed at the mid Feb 01 lows, taking the price down for a near 100% retrace of wave 1, back to the mid 250's. And from those Feb. 01 lows, the eagerly awaited, potential packed wave 3 has begun. Wave 1 of 3 rallied into the Mid March high (254=>275), and was quickly followed by sharp 2 of 3 pullback to yet another near 100% wave 1 retrace (274=>254.5). wave a of 2 of 3 ended at the early April low, b of 2 of 3 rallied into the late May high (293), then c of 2 of 3 completed in another time consuming and gut wrenching (to the bulls) Ending Diagonal formation into the late July low (265). It's from that late July low that 3 of 3 has begun, with 1 of 3 of 3 completing at the mid Aug. highs (281), 2 of 3 of 3 pulling back into the early Sept lows (271), 1 of 3 of 3 of 3 rallied into the the 9/17 highs (290), and 2 of 3 of 3 of 3 has pulled back to just under 280 in the post attack pullback. 3 of 3 of 3 of 3 is on deck once this pullback is complete, if it isn't already. 271 should hold any further pullback. We could see further wave 1/2 subdivisions of smaller degree wave 3's, but at some point soon it has to end and the explosion up occurs. This action is foretelling a massive upshoot in the price of gold once these powerful waves unwind, and if calamities and horrors prove to be motivational forces behind these coming moves, God help us all. I've been building positions in this sector over the last few weeks upon seeing these bullish formations on the wave charts, and wonder what indicators have spoken these secrets of the coming move to you? Regards, David